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    12258 Highway 1 Keensburg, IL 62863

    For Sale
    $199,900

    Commercial Business - Mt. Carmel, IL

    Property size:
    648 SF
    Lot size:
    2.65 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 12258 Highway 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    11-30-300-002-06
    Parking features
    Garage
    Size
    648 SF
    Lot size
    2.65 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Linoleum
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    Keys Real Estate (618) 516-3135

    Listing agent Ethan Keyser (618) 516-3135

    Listing date Sep 15, 2025

    MLS# 11406846 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property with Office

    This commercial property, spanning 5.2+/- acres, is equipped with a functional 648 square feet office building suitable for administrative and operational purposes. The property also features a truck scale, facilitating vehicle weighing for logistics, transportation, and shipping activities. The seller will convey the title to the property by a special or limited warranty deed, which includes a restriction that, for 20 years following the conveyance, the property cannot be used for the sale or distribution of agricultural chemicals, seed, or fertilizer. The lot size is 2.65 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Keensburg
    County
    Wabash
    State
    Illinois
    Longitude
    -87.797788
    Latitude
    38.398064

    Nearby Similar for Sale

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      8.22 Acres

      Established Nursery and Greenhouse Opportunity

      Commercial property with greenhouses, sales building, and business-related items.
      5671 Highway 8, Keensburg, IL 62863
      View Details
    • $499,900
      8.22 Acres

      Established Greenhouse Business in IL

      Profitable Nursery & Greenhouse on 8 Acres
      5671 Hwy 8 Mt, Mount Carmel, IL 62863
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.2+/- acre commercial property with office building and truck scale.
    Where is this commercial land located?
    The property is located at 12258 Highway 1 Keensburg, IL.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - 5.2+/- acre commercial property suitable for various businesses.; - Functional office building for administrative and operational use.; - Truck scale for convenient vehicle weighing.
    (618) 516-3135
    Request Owner's contact information
    12258 Highway 1 Keensburg, IL 62863
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    Keensburg, IL 62863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12258 Highway 1 Keensburg, IL 62863
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